The Fed's intentions are clear, rates are headed lower. And no matter how you slice it, lower US rates only reinforce the downtrend in the dollar. So, while the dollar may be poised for a crowded trade, short covering... read more

The Fed's intentions are clear, rates are headed lower. And no matter how you slice it, lower US rates only reinforce the downtrend in the dollar. So, while the dollar may be poised for a crowded trade, short covering... read more

Investors are more prone to hedge the falling dollar with positions in gold. High activity of preemptive hedging and not inflation might be the true short term cause of increases in gold's value. Over the last few years many large countries have stated serious interest in stockpiling gold and other reserves in the Euro opposed to the Dollar.